| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $598,500 |
| Down payment (20.0%) | $119,700 |
| Loan amount | $478,800 |
| Closing costs (5.0%) | $29,925 |
| Total cash to close | $149,625 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $948$11,372 |
| Insurance (placeholder 0.8% of price) | $399$4,788 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $1,522$18,260 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $175$2,100 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 1,333 | $3,500 | 2026-08-19 | — | |
| single_family | 4 | 3 | 2,032 | $4,000 | 2026-08-05 | — | |
| single_family | 4 | 3 | 1,567 | $3,499 | 2026-07-18 | — | |
| single_family | 4 | 2 | 1,315 | $3,000 | 2026-07-16 | — | |
| single_family | 4 | 2 | 1,925 | $3,650 | 2026-07-14 | — | |
| single_family | 4 | 2 | 1,479 | $3,500 | 2026-07-14 | — | |
| single_family | 4 | 3 | 1,997 | $4,300 | 2026-06-17 | — | |
| single_family | 4 | 2 | 1,800 | $2,990 | — | — | |
| single_family | 4 | 2 | 1,734 | $3,350 | 2026-04-21 | — | |
| single_family | 4 | 2 | 1,743 | $5,900 | 2026-02-20 | — | |
| single_family | 4 | 2 | 1,313 | $2,800 | — | — | |
| single_family | 4 | 3 | 2,006 | $3,525 | — | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 17280 SW 146th Ct | single_family | 4 | 2 | 1,801 | $720,000 | 2026-08-28 |
| 18420 SW 129th Ave | single_family | 4 | 2 | 1,920 | $530,000 | 2026-08-14 |
| 12370 SW 190th Ter | single_family | 4 | 3 | 1,872 | $690,000 | 2026-08-13 |
| 16540 SW 145th Ct | single_family | 4 | 2 | 1,909 | $758,000 | 2026-08-11 |
| 11741 SW 182nd Ter | single_family | 4 | 2 | 1,684 | $650,000 | 2026-08-10 |
| 17901 SW 144th Ave | single_family | 4 | 2 | 1,433 | $600,000 | 2026-08-10 |
| 20129 SW 123rd Dr | single_family | 4 | 2 | 1,313 | $350,000 | 2026-08-07 |
| 21342 SW 132nd Pl | single_family | 4 | 3 | 2,804 | $860,000 | 2026-08-06 |
| 14530 SW 176th Ter | single_family | 4 | 3 | 2,099 | $705,000 | 2026-08-05 |
| 19680 SW 121st Ave | single_family | 4 | 2 | 2,076 | $460,000 | 2026-08-04 |
| 12971 SW 200th Ter | single_family | 4 | 2 | 1,797 | $640,000 | 2026-08-04 |
| 12471 SW 190th Ter | single_family | 4 | 3 | 1,872 | $729,000 | 2026-08-03 |
| 12330 SW 195th Ter | single_family | 4 | 2 | 1,824 | $690,000 | 2026-07-24 |
| 13951 SW 152nd Ter | single_family | 4 | 2 | 2,539 | $500,000 | 2026-07-22 |
| 14491 SW 161st St | single_family | 4 | 2 | 2,380 | $795,000 | 2026-07-21 |
| 13282 SW 200th Ter | single_family | 4 | 4 | 1,872 | $880,000 | 2026-07-15 |
| 19411 SW 117th Ave | single_family | 4 | 2 | 1,680 | $385,700 | 2026-07-15 |
| 12970 SW 187th Ter | single_family | 4 | 3 | 3,396 | $850,000 | 2026-07-09 |
| 14473 SW 172nd Ln | single_family | 4 | 2 | 1,610 | $630,000 | 2026-07-06 |
| 12230 SW 187th Ter | single_family | 4 | 3 | 1,673 | $559,000 | 2026-07-01 |
| 17990 SW 134th Ct | single_family | 4 | 2 | 1,315 | $549,000 | 2026-06-26 |
| 18252 SW 146th Ave | single_family | 4 | 3 | 1,486 | $620,000 | 2026-06-26 |
| 15630 SW 146th Ave | single_family | 4 | 2 | 2,061 | $745,000 | 2026-06-26 |
| 12731 SW 213th St | single_family | 4 | 3 | 1,870 | $680,000 | 2026-06-24 |
| 14276 SW 177th St | single_family | 4 | 2 | 1,782 | $730,500 | 2026-06-22 |
| 21080 SW 127th Pl | single_family | 4 | 4 | 2,652 | $965,990 | 2026-06-22 |
| 14490 SW 174th Ter | single_family | 4 | 2 | 1,627 | $545,000 | 2026-06-17 |
| 18153 SW 143rd Pl | single_family | 4 | 2 | 1,475 | $600,000 | 2026-06-17 |
| 19831 SW 122nd Ave | single_family | 4 | 2 | 1,640 | $441,000 | 2026-06-16 |
| 13319 SW 184th Ter | single_family | 4 | 3 | 1,927 | $675,000 | 2026-06-11 |
| 19410 SW 124th Ct | single_family | 4 | 3 | 1,910 | $770,000 | 2026-06-09 |
| 19100 SW 125th Ave | single_family | 4 | 4 | 2,435 | $650,000 | 2026-06-08 |
| 19480 SW 121st Ave | single_family | 4 | 2 | 1,845 | $570,000 | 2026-06-05 |
| 14202 SW 177th Ter | single_family | 4 | 2 | 1,629 | $600,000 | 2026-06-02 |
| 11805 SW 185th St | single_family | 4 | 2 | 1,145 | $550,000 | 2026-06-02 |
| 11785 SW 184th St | single_family | 4 | 1 | 1,296 | $500,000 | 2026-06-02 |
| 12691 SW 190th St | single_family | 4 | 3 | 2,688 | $670,000 | 2026-06-01 |
| 15502 SW 137th Pl | single_family | 4 | 3 | 2,416 | $650,000 | 2026-05-29 |
| 15880 SW 141st Ct | single_family | 4 | 2 | 2,208 | $850,000 | 2026-05-29 |
| 19825 SW 119th Pl | single_family | 4 | 2 | 1,727 | $515,000 | 2026-05-29 |
| 12000 SW 186th St | single_family | 4 | 2 | 1,828 | $645,000 | 2026-05-28 |
| 13723 SW 160th Ter | single_family | 4 | 3 | 2,008 | $540,000 | 2026-05-22 |
| 14563 SW 172nd Ln | single_family | 4 | 2 | 1,777 | $710,000 | 2026-05-19 |
| 17991 SW 136th Ave | single_family | 4 | 2 | 1,617 | $620,000 | 2026-05-19 |
| 19855 SW 134th Ct | single_family | 4 | 3 | — | $1,000,000 | 2026-05-12 |
| 12930 SW 190th St | single_family | 4 | 2 | 1,503 | $690,000 | 2026-05-08 |
| 19302 SW 132nd Path | single_family | 4 | 5 | 2,655 | $1,165,000 | 2026-04-30 |
| 11845 SW 203rd Ter | single_family | 4 | 2 | 1,568 | $570,000 | 2026-04-30 |
| 15568 SW 138th Pl | single_family | 4 | 2 | 1,494 | $655,000 | 2026-04-30 |
| 18224 SW 143rd Pl | single_family | 4 | 2 | 1,315 | $599,000 | 2026-04-29 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 21325 SW 127th Ct | single_family | 4 | 4 | 2,591 | $775,000 | — |
| 12035 SW 214th Ter | single_family | 4 | 2 | 1,784 | $639,000 | — |
| 21480 SW 132nd Ct | single_family | 4 | 4 | 2,804 | $1,080,000 | — |
| 17601 SW 138th Ct | single_family | 4 | 3 | 1,711 | $690,000 | — |
| 14500 SW 161st St | single_family | 4 | 2 | 1,896 | $775,000 | — |
| 15401 SW 144th Ave | single_family | 4 | 3 | 1,420 | $725,000 | — |
| 15322 SW 144th Pl | single_family | 4 | 2 | 1,771 | $820,000 | — |
| SW 127th Ave & SW 212th St | single_family | 4 | 2 | 1,824 | $678,990 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $616,455 | $20,381 | -$18,642 | $473,609 | $142,846 |
| 2 | $634,949 | $21,083 | -$17,992 | $468,061 | $166,888 |
| 3 | $653,997 | $21,809 | -$17,320 | $462,132 | $191,865 |
| 4 | $673,617 | $22,559 | -$16,625 | $455,796 | $217,821 |
| 5 | $693,826 | $23,335 | -$15,906 | $449,025 | $244,800 |
| 6 | $714,640 | $24,135 | -$15,163 | $441,789 | $272,851 |
| 7 | $736,080 | $24,963 | -$14,395 | $434,057 | $302,023 |
| 8 | $758,162 | $25,818 | -$13,602 | $425,793 | $332,369 |
| 9 | $780,907 | $26,701 | -$12,781 | $416,961 | $363,945 |
| 10 | $804,334 | $27,613 | -$11,933 | $407,524 | $396,810 |